Blackmores report sales growth in China

Company News

by Rachael Jones

Natural health company Blackmores (ASX:BKL) has seen a 7 per cent rise in first quarter net profit after tax climbed to $16.5 million.

Revenue for the quarter is up 15 per cent to $154 million compared to prior corresponding period.

For the year in review, China sales were up 22 per cent to $143 million - the company expects to see continued growth in Asia.

Australia retained clear brand leadership and celebrated 10th year as most trusted brand in Australia with a 17.5 per cent market share.

Shares in Blackmores (ASX:BKL) trading 1.5 per cent lower at $124.44.